Donald Trump’s Trif News, US encryption markets fall

Donald Trump’s tariff campaign is definitely not hanging. After Mexico and China, Trump also studies tariff rates on countries including India. As a result, the market interacts negatively again.

Amid the expected tariff news, American stocks and encryption markets are located

Trump is expected to declare automatic definitions. In response, American stocks retreated, and the three main indexes also closed for the first time in nearly four trading days. DOW decreased by 0.31 %, S&P 500 decreased by 1.12 %; The Nasdaq Stock Exchange has decreased by 2.04 %, the largest decrease in one day since March 11.

Also, crude oil stocks fell more than expected, with US oil and Brent oil increased by about 1.8 % and 1.6 %, respectively, reaching the highest new level this month. Moreover, gold decreased slightly by 0.1 % of its highest levels, as it decreased for the third time in these four consecutive days.

Other repercussions of expected tariff rates are that technology shares also decrease, for example, Tesla and Nvidia are more than 5 %.

The fluctuation of the encryption market is condensed, and Bitcoin decreased to less than $ 86,000 due to US stock withdrawal. After the American stocks were closed, it was recovered quickly and was reported at 8,7500 dollars. Currently, Bitcoin is trading at 87,519.98 dollars, a slight decrease of 0.45 % in 24 hours. Not only Bitcoin, many other encryptions fell slightly, and Ethereum tried to settle at $ 2000.

According to the data conducted by Coingecko, the maximum Crypto Global market today is $ 2.96 trillion, which is a 2.7 % change in the past 24 hours.

Also, the total volume of cryptocurrency trading on the last day is 93.2 billion dollars. Bitcoin 58.6 % dominance and ETHEREUM dominance is 8.24 %, spoiling negative currents in market parking.

Unlike this decrease, the US dollar index was mostly on Wednesday.

Also read: Amid Trump’s tariff policy, the encryption market continues to bleed

Written by Rito Lavania

Ritu Lavania is a multi -use Web3 content creator with more than three years experience in the encryption space. It is part of the team in Cryptonewsz, where you write insightful and attractive content. She also contributed to Thecryptotimes and Coin Edition, where her work was well received by the encryption community. Maher in research, creative writing, senior economic officials, and job cooperation, creating content specifically designed for a varied audience. Population of education, devotes time to teaching children and expressing themselves through poetry. It always yearns for learning, constantly exploring new trends in Blockchain origin and digital assets. It strongly believes in telling stories to make complex encryption themes easier and attractive to readers all over the world.